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Awesome - Blockbuster dropping LATE FEES!

[/quote]But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don't want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee.[/quote]

Translation: They've increased the rental period by one week.
 
Originally posted by: mugs
But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don't want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee.

Translation: They've increased the rental period by one week.
also means they need to spend more money in stocking more copies of high-demand/just-released movies. I don't know how they can forecast all this will still lead to better revenue in the long term...
 
Originally posted by: mugs
But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don't want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee.[/quote]

Translation: They've increased the rental period by one week.[/quote]

Well if you can't return a damn movie that doesn't belong to you in the first place, within a week no less, then you deserve a penalty.

It's a business for christ's sake...trying to make a...guess what...PROFIT. Fundamental premise of a business.
 
Originally posted by: thereds
Well if you can't return a damn movie that doesn't belong to you in the first place, within a week no less, then you deserve a penalty.

It's a business for christ's sake...trying to make a...guess what...PROFIT. Fundamental premise of a business.

Yeah ok, not sure where that all came from. I never return movies late, I think you'd have to be a moron to ever get a late fee on a movie. I don't deny their right to make a profit, not really sure where that whole bit came from. My point, which clearly went way over your head, was that this is just their marketing department's way of saying that they've extended the rental period by a week. They still have late fees, they've just renamed them restocking fees. This was also explained in the other thread, which I didn't see before I posted here.
 
I think you'd have to be a moron to ever get a late fee on a movie

Or have a store with moron employees. I used to drop movies off at 11am the day they were due, yet 2/3 times i would get hit with a late fee on and have to complain. I stopped going to BB about 2 months ago, i was sick of dealing with it.
 
But customers will be given a one-week grace period after that to return the product. After that grace period ends, the chain will automatically sell them the product, less the rental fee. If the customers don't want to purchase the movie or game, they can return the product within 30 days for a credit, less a restocking fee.

unacceptable. instead of a late fee, they impose a very large late fee basically and toss u the rental disc😛 pretty f*cked up if u ask me... they shoulda just stuck with the old way.. with a lower charge perhaps. they make 250 million a year off late charges u know.. i'm sure they figured that it would even out. bleh.. don't support blockbuster and their censoring asses. if it weren't for netflix kicking their asses with widescreen bb would still be pushing pan and scan
 
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